Mexican Media Brands
Conti to Restructure by Year-End?
1/18/2018Continental AG intends to restructure and sell a minority stake in at least one of the three businesses it creates, according to Manager Magazin.
GAC’s U.S. Sales Plan Hits Political Headwinds
1/18/2018Guangzhou Automobile Group Co.’s hopes of selling cars in the U.S. by the end of 2019 have encountered political opposition in Washington, D.C., Reuters reports.
PSA to Electrify Fleet by 2025
1/18/2018PSA Group is the latest major carmaker to announce plans to offer electrified powertrain in all its cars and light trucks.
Hyundai Plans $22 Billion Technology Spending Binge
1/17/2018Hyundai Motor Co. says it will invest 23 trillion won ($22 billion) over the next five years on self-driving vehicle technologies and electric powertrains.
Ford May Help Market Deutsche Post’s Electric Delivery Vans
1/17/2018Deutsche Post DHL Group’s electric van, which rides on a Ford Transit van platform, could get a marketing boost from Ford Motor Co., says Automotive News Europe.
Subaru Joins Michigan’s American Center for Mobility
1/17/2018Subaru Corp. is investing $2 million in the American Center for Mobility (ACM) test facility in Ypsilanti Township, Mich.
Carmera Wins Inaugural AutoMobili-D Innovation Award
1/17/2018Carmera, a New York City-based developer of 3D maps, received the “Best of Show” award for mobility innovation at the AutoMobili-D tech expo in conjunction with this week’s Detroit auto show.
GM to Build Silverado Diesel Engine in Flint
1/17/2018The new 3.0-liter inline 6-cylinder diesel General Motors Co. plans to launch in its redesigned Chevrolet Silverado pickup truck will be built at the company’s Flint, Mich., engine plant, Automotive News reports.
December Car Sales Fell 5% in Europe
1/17/2018Registrations of new passenger cars in Europe rose 3% to 15.63 million units in 2017 in spite of a 5% drop to 1.14 million units in December, according to trade group ACEA.
Honda, Toyota Suspend Vehicle Shipments to Vietnam
1/17/2018Honda, Mitsubishi and Toyota have stopped shipping vehicles to Vietnam because of new inspection rules for imported cars, The Nikkei reports.